To enter your major rental improvements, follow the directions to enter your rental income and expenses. At some point you'll come across the Here's [your property's] rental property info screen. Under Expenses / Assets (Depreciation), select Add expense or asset and follow the onscreen instructions. TurboTax figure out which depreciation method works best in your favor

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Question

How do I add expenses on major improvements to a rental property?

Forum|Forum|11 months ago
April 9, 2025
1 reply
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No text available

SabrinaD2

To enter your major rental improvements, follow the directions to enter your rental income and expenses.

At some point you'll come across the Here's [your property's] rental property info screen.
Under Expenses / Assets (Depreciation), select Add expense or asset and follow the onscreen instructions.
TurboTax figure out which depreciation method works best in your favor